Kuwait: Selected Issues Paper

Kuwait: Selected Issues Paper

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This Selected Issues paper discusses the designing and implementing of Kuwaita€™s fiscal policy for the medium term. Fiscal policy has a major role to play in supporting macrostability and diversification. The fiscal strategy design and implementation on a yearly basis are based on a few key areas such as determining targets or ceilings for major fiscal parameters for a three-year rolling framework with binding next budget year and indicative two outer years, establishing a clear process for expressing policy objectives and their link to expenditure, etc. The illustrative budget sequencing with the fiscal strategy spearheading medium-term fiscal policymaking and linked to the annual budget process would support fiscal policy implementation.Itreviews the performanceandoperations of Islamic banks in Kuwait;assesses the potential risks and vulnerabilities ... fundsaccounted for 9 percent, whichis thethird largest share [Kuwait Finance House Research and Islamic Financialanbsp;...

Title:Kuwait: Selected Issues Paper
Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher:International Monetary Fund - 2014-12-09

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